I don’t think it’s smart or dumb money, they just follow volume and trade in the same direction as the delta/ extreme volume is moving. When a move starts often around London open, the first volume spikes are around 4-8 times average volume as ...

Cable Update (GBPUSD)

Peter, I just completed a Eight hour live trading session last night and finished up at 1am in the morning, some of us actually trade for a living and need to sleep. You won’t find any assessments from me about his moving averages because I never ...

Price action at the core = family members' discussion project

Grow up Peter, you are acting like a baby. Seriously read your posts then have a good look in the mirror, you might not like what you see.

Price action at the core = family members' discussion project

Be careful Profitgrowth, Peter will accuse you of Meleodrama, apparently he looks for it in people. I apologise Peter if it hurts your sensibilities but you have hijacked George’s thread.

Price action at the core = family members' discussion project

At least driven18 has the guts to post real live trade setups on live charts. You my friend are just showing amateur trade management by taking multiple 70 lot trades on a $100K account demo account. Keep dreaming

FTMO - For serious traders

"There is a way to measure market strength. If you can measure strength then you can incorporate a process that suits you for taking profits" Calculating market strength on the intraday level requires accessing futures data on US currency pairs . If ...

FTMO - For serious traders

Hi LearnALot I used the Indy for a couple of weeks to test it with another trader in our scalping trading group. It’s actually a great tool for reducing your DD to very low levels but the entry’s are very late. My issue was it already told me ...

Real or Algo

If you program all the variables in, you would need to set external functions in as will. You would end up with a EA requiring too much optimisation so curve fitting becomes the major problem. I have never met a Algo trader who trades a successful ...

Trading Made Very Simple and Profitable instructions

If I can add more to this discussion The profit factor for "trading made simple" Algo is only 1.20 - a figure I believe Emmanuel mentioned as well. That is the result I got from my EA following the basic rules of the system. That figure results in a ...

Trading Made Very Simple and Profitable instructions

Hi ryuryu Do you want to know how Algo traders construct EA's that make money in these modern times? Hint - They construct porfolio's where they run multiple EA's, some anchor the porfolio while others protect draw down. So a group of EA's (because ...

Trading Made Very Simple and Profitable instructions

Hi nozzer George gave us a roadmap on how he found Exhaustion levels by using the TMA indicator on the 1 minute chart. He also had his playground settings which was another series of 8 TMA indicators that were applied using session and day settings. ...

Price action at the core = family members' discussion project

Hi Peter George left here not because he got tired running a day care centre, rather he took things too personally when other traders attacked his teachings. He would ask for only positive feedback and struggled therefore when some unkind traders ...

Price action at the core = family members' discussion project

Hi Peter You are taking my post the wrong way, I am just asking you to post a chart AS you take a trade. The only person who truely understands your strategy is yourself, other traders just see hindsight charts with “I told you so” written later. ...

Price action at the core = family members' discussion project

Nice charts Peter Regardless of your good intentions, most traders are thinking the same thing. Show us a bloody live trade, tell us the steps you are taking as they occur. Forex Factory is full of hindsight traders explaining how smart they are ...

Price action at the core = family members' discussion project

Hi Peter There is a problem with those stats because if they were true, most price action traders would be very profitable. They are in fact cherry picked stat's in the sense that you need to know where these candle shapes sit in the chart. If we ...

Price action at the core = family members' discussion project

Hi Mike I don't get your post, on one hand you say George uses Fibo and waves - then you said he doesn't ? Why am I posting here - because if Peter, Deanyakobs and myself don't post here - THE WHOLE HISTORY OF GEORGE'S WORK DISAPPEARS INTO HISTORY ...

Price action at the core = family members' discussion project

Hi Deanyakobs Lets just take the mystery out of George's message. No Boundless talk, No Magic TMA settings No rule book full of 25 steps to look at before trading, No magic action controlled by an Algo Now lets just talk about how you developed your ...

Price action at the core = family members' discussion project

Hi Peter I think George's followers went in the wrong direction in his new thread of trying to guess which way direction price would move by looking at multiple waves. That was not his first objective, rather to tell traders to wait in his ...

Price action at the core = family members' discussion project

If a trade is wrong, get out Trading is very simple. why risk a large draw down because you are stubborn.

Forex - A negative sum game for losers